Solana (HSDT) Research & Development (2016 - 2025)
Solana recorded quarterly Research & Development of $886000.0 in Q4 2025, up 3.26% quarter-over-quarter from $858000.0 in Q3 2025, and down 4.11% year-over-year from $924000.0 in Q4 2024.
Solana's Research & Development history runs 10 years deep, the most recent figure standing at $886000.0 for Q4 2025.
- In Q4 2025, Research & Development fell 4.11% year-over-year to $886000.0; the TTM figure through Dec 2025 stood at $3.5 million (down 4.04% YoY), while the FY2025 annual figure was $3.5 million, down 4.04% from the prior year.
- Research & Development came in at $886000.0 for Q4 2025 at Solana, up from $858000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.8 million in Q4 2021 to a low of $650000.0 in Q4 2023.
- A 5-year average of $1.0 million and a median of $886000.0 in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 118.62% in 2021 and tumbled 56.08% in 2022, its largest moves.
- Solana's Research & Development stood at $1.8 million in 2021, then slumped by 56.08% to $794000.0 in 2022, then fell by 18.14% to $650000.0 in 2023, then jumped by 42.15% to $924000.0 in 2024, then retreated by 4.11% to $886000.0 in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $886000.0, $858000.0, and $822000.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 637.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Solana | 176.63 Mn | 172.23 Mn | 3.44 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 886,000.00 |
| Sep 30, 2025 | 858,000.00 |
| Jun 30, 2025 | 822,000.00 |
| Mar 31, 2025 | 945,000.00 |
| Dec 31, 2024 | 924,000.00 |
| Sep 30, 2024 | 1.08 Mn |
| Jun 30, 2024 | 870,000.00 |
| Mar 31, 2024 | 788,000.00 |
| Dec 31, 2023 | 650,000.00 |
| Sep 30, 2023 | 722,000.00 |
| Jun 30, 2023 | 684,000.00 |
| Mar 31, 2023 | 886,000.00 |
| Dec 31, 2022 | 794,000.00 |
| Sep 30, 2022 | 751,000.00 |
| Jun 30, 2022 | 953,000.00 |
| Mar 31, 2022 | 1.76 Mn |
| Dec 31, 2021 | 1.81 Mn |
| Sep 30, 2021 | 1.49 Mn |
| Jun 30, 2021 | 1.38 Mn |
| Mar 31, 2021 | 1.32 Mn |
| Dec 31, 2020 | 827,000.00 |
| Sep 30, 2020 | 1.33 Mn |
| Jun 30, 2020 | 1.31 Mn |
| Mar 31, 2020 | 1.12 Mn |
| Dec 31, 2019 | 1.60 Mn |
| Sep 30, 2019 | 1.51 Mn |
| Jun 30, 2019 | 2.28 Mn |
| Mar 31, 2019 | 2.68 Mn |
| Dec 31, 2018 | 2.16 Mn |
| Sep 30, 2018 | 2.31 Mn |
| Jun 30, 2018 | 2.92 Mn |
| Mar 31, 2018 | 2.55 Mn |
| Dec 31, 2017 | 3.27 Mn |
| Sep 30, 2017 | 3.80 Mn |
| Jun 30, 2017 | 4.30 Mn |
| Sep 30, 2016 | 1.41 Mn |
| Jun 30, 2016 | 654,000.00 |
| Mar 31, 2016 | 981,733.00 |